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Financial Information

Financial Overview

By tax status, KHF is a nonprofit, supporting organization. Our funds are distributed out of an endowment, which was created through the 1985 sale of Wesley Hospital.

Aspects of finance, accounting and investments at KHF are handled collaboratively by a small internal team, an external investment committee and a finance committee comprised of members of the KHF board of directors. Outside professionals are also consulted in the areas of tax preparation, investment management, and for he purpose of conducting an annual audit.

Through strong internal controls and external guidance, our goal is to always be good stewards of our endowment and to utilize our resources to positively impact health outcomes in Kansas.

Financial Statements

2023 Audited Financial Statements

2022 Audited Financial Statements

2021 Audited Financial Statements

2020 Audited Financial Statements

2019 Audited Financial Statements

 

It is an honor, a privilege, and a great responsibility to steward the KHF endowment.

Portfolio Asset Allocation (As of December 31, 2023)

Using these sound investment strategies, we are able to, year after year, provide funding to outstanding projects and initiatives in all regions of Kansas. The following chart displays the the current asset allocation of our portfolio.

 

Historical Average Assets ($)

All the funding we provide to Kansas nonprofits is made possible by our endowment. To see our endowment levels over the years, please see the chart below, which depicts our historical average assets since 2011.

Grants and Grant-Related Activities ($)

This chart shows the total yearly amount of our payout for grants and grant-related activities since 2011. Previously, this total was termed “Qualifying Distributions.” Also of note: 1) The higher distribution total in 2020 is directly related to KHF’s COVID-19 response and recovery efforts; and 2) The higher distribution total in 2021 is related to the renewal of multiple grants, including multi-year, core support efforts.

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